Published in · 4 min read · Apr 17, 2024
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For the last several years, the ultimate goal has been to be able to accumulate 1 full Bitcoin. But the question that everyone wants to know is if owning 1 Bitcoin will be enough to make you rich. The answer might surprise you.
Bitcoin, the first cryptocurrency, has been the king of this market ever since it launched. Beginning by having no actual value, then finally obtaining, and eventually rising all the way up to a price of $69k. Over the years as the price has changed, the projections of the potential it has continues to increase as well.
In the very early days, it was thought that you would need thousands of Bitcoin to become a millionaire. But that requirement number soon dropped to owning a few hundred, then 21, and now the ultimate goal is to own one full Bitcoin.
The first thing you need to know about Bitcoin is that there is a limited supply. There will only ever be 21 million created. Due to carelessness, mistakes, thrown-out hardware, people passing away, and a variety of other factors; it is estimated that at least 4 million Bitcoin have been lost forever. And then there are the coins that the creator Satoshi Nakamoto has never touched.
